eValidate Pty Ltd is continually striving to adhere to the requirements as outlined within King IV™, our policies and procedure section is undergoing a revamp to include additions as required.
King IV™ was needed because King III, published in 2009, was out-dated in terms of present-day concerns like technological advances, the increased need for online transparency, long-term resource sustainability and information security.
The Institute of Directors in Southern Africa NPC released the King IV Report on Corporate Governance™ for South Africa, 2016 (King IV™) on 1 November 2016. Disclosure on the application of King IV™ is effective in respect of financial years starting on or after 1 April 2017, but the King IV Report™ encourages immediate transition. King IV™ replaces King III in its entirety.